Facebook's Libra must be 'rock solid' before launch warns BoE's Carney

By
Follow google news

"This is not learning on the job stuff": Governor.

Facebook's Libra must be 'rock solid' before launch warns BoE's Carney
Facebook's proposed Libra digital coin must show it is "rock solid" before it can be allowed to launch, Bank of England Governor Mark Carney said on Thursday. The social media giant plans to build a digital currency, raising concerns among global regulators that it could quickly become systemic ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now

Add iTnews as your trusted source

Got a news tip for our journalists? Share it with us anonymously here.
Tags:

Most Read Articles

ANZ Banking Group has a new tech strategy

ANZ Banking Group has a new tech strategy

Bendigo Bank aims to have Australia's "first agentic SOC"

Bendigo Bank aims to have Australia's "first agentic SOC"

NAB is modernising data pipelines for its Ada platform

NAB is modernising data pipelines for its Ada platform

Westpac Intelligence Layer breaks cover

Westpac Intelligence Layer breaks cover

Log In

  |  Forgot your password?